June 20 (Reuters) - Yancoal Australia Ltd (YAL)
- Amended its sale and purchase agreement to acquire 100% of shares in Coal & Allied by accelerating payment of us$500 million deferred payments
- Yankuang has agreed to provide financial assurances to Rio Tinto in support of Yancoal transaction
- US$500 million of deferred payments will now be paid on completion of cna transaction
- Yancoal has agreed to waive its 'material adverse change' termination rights and nsw government approval condition precedent
- Yancoal intends to finance cna transaction through a capital raising
- Yankuang group member will provide a deposit of us$100 million pending completion of cna transaction
- US$500 million of deferred payments will now be paid on completion of cna transaction, increasing total amount payable by co on completion to US$2.45 billion
June 20 (Reuters) - Yancoal Australia Ltd (YAL) Amended its...
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Last
$116.33 |
Change
-1.160(0.99%) |
Mkt cap ! $43.18B | |||
| Open | High | Low | Value | Volume |
| $117.30 | $117.36 | $115.47 | $141.7M | 1.218M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4546 | $116.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $116.34 | 57 | 1 |
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